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as of 11-06-2026 3:37pm EST
Vornado Realty Trust is a fully integrated real estate investment trust with a portfolio of New York City office, retail, and multifamily assets, and the developer of the new Penn District. While concentrated in New York, the trust also owns assets in both Chicago and San Francisco. It generates revenue in the form of property rentals, fees charged for trade shows, parking revenues, management and leasing fees, etc. Vornado operates in the following reportable segments: New York (its key revenue-generating market) and Other.
| Founded: | 1946 | Country: | United States |
| Employees: | N/A | City: | NEW YORK |
| Market Cap: | 6.3B | IPO Year: | 1994 |
| Target Price: | $39.23 | AVG Volume (30 days): | 1.5M |
| Analyst Decision: | Hold | Number of Analysts: | 13 |
| Dividend Yield: | Dividend Payout Frequency: | quarterly | |
| EPS: | -0.03 | EPS Growth: | 10400.00 |
| 52 Week Low/High: | $24.57 - $41.60 | Next Earning Date: | 11-02-2026 |
| Revenue: | $1,810,425,000 | Revenue Growth: | 1.27% |
| Revenue Growth (this year): | 1.42% | Revenue Growth (next year): | 7.25% |
| P/E Ratio: | -1209.67 | Index: | N/A |
| Free Cash Flow: | N/A | FCF Growth: | N/A |
Stock Insider Trading Activity of Vornado Realty Trust (VNO)
EVP - HEAD OF RETAIL
Avg Cost/Share
$34.01
Shares
90,000
Total Value
$3,060,738.00
Owned After
110,000
SEC Form 4
| Insider | Ticker | Relationship | Date | Transaction | Avg Cost | Shares | Total Value | Owned After | SEC Forms |
|---|---|---|---|---|---|---|---|---|---|
| Chera Haim | VNO | EVP - HEAD OF RETAIL | Sep 29, 2026 | Sell | $34.01 | 90,000 | $3,060,738.00 | 110,000 |
Earnings Transcripts
SEC 8-K filings with transcript text
2026 Q3 Q3 2026 Earnings
8-K BUY Nov 2, 2026 · 100% conf.
Q3 2026 Earnings
8-K BUYNov 2, 2026 · 100% conf.
1D
+2.23%
$35.75
Act: +1.83%
5D
+7.92%
$37.74
20D
+10.38%
$38.60
EX-99.1
2 vno-093026xxex991xearnings.htm
EX-99.1
Document
P R E S S R E L E A S E
Vornado Announces Third Quarter 2026 Financial Results
New York City | November 2, 2026
Vornado Realty Trust (NYSE: VNO) reported today:
Quarter Ended September 30, 2026 Financial Results
NET LOSS attributable to common shareholders for the quarter ended September 30, 2026 was $47,138,000, or $0.25 per diluted share, compared to net income attributable to common shareholders of $11,589,000, or $0.06 per diluted share, for the prior year's quarter.
FUNDS FROM OPERATIONS ("FFO") attributable to common shareholders plus assumed conversions (non-GAAP) for the quarter ended September 30, 2026 was $122,646,000, or $0.62 per diluted share, compared to $117,372,000, or $0.58 per diluted share, for the prior year's quarter. Adjusting for the items that impact period-to-period comparability listed in the table on the following page, FFO attributable to common shareholders plus assumed conversions, as adjusted (non-GAAP) for the quarter ended September 30, 2026 was $126,656,000, or $0.65 per diluted share, and $114,535,000, or $0.57 per diluted share, for the prior year's quarter.
Nine Months Ended September 30, 2026 Financial Results
NET LOSS attributable to common shareholders for the nine months ended September 30, 2026 was $53,546,000, or $0.28 per diluted share, compared to net income attributable to common shareholders of $842,250,000, or $4.19 per diluted share, for the nine months ended September 30, 2025. The decrease is primarily due to the $803,248,000 gain related to the 770 Broadway master lease with NYU during the nine months ended September 30, 2025.
FFO attributable to common shareholders plus assumed conversions (non-GAAP) for the nine months ended September 30, 2026 was $363,086,000, or $1.85 per diluted share, compared to $373,482,000, or $1.86 per diluted share, for the nine months ended September 30, 2025. Adjusting for the items that impact period-to-period comparability listed in the table on the following page, FFO attributable to common shareholders plus assumed conversions, as adjusted (non-GAAP) for the nine months ended September 30, 2026 was $360,941,000, or $1.84 per diluted share, and $354,239,000, or $1.76 per diluted share, for the nine months ended September 30, 2025.
NYSE: VNO | WWW.VNO.COM
PAGE 1 OF 18
The following table details the income and expense items affecting the comparability of FFO attributable to common shareholders plus assumed conversions (non-GAAP) to FFO attributable to common shareholders plus assumed conversions, as adjusted (non-GAAP):
(Amounts in thousands, except per share amounts)For the Three Months Ended September 30,For the Nine Months Ended September 30,
2026202520262025
FFO attributable to common shareholders plus assumed conversions (non-GAAP)(1) $122,646 $117,372 $363,086 $373,482
Per diluted share (non-GAAP)$0.62 $0.58 $1.85 $1.86
Certain expense (income) items that impact FFO attributable to common shareholders plus assumed conversions:
Deferred tax liability on our investment in the Farley Building (held through a taxable REIT subsidiary)$2,066 $3,586 $7,729 $10,128
606 Broadway debt extinguishment gain, net of noncontrolling interests— — (16,141)—
After-tax net gain on sale of 220 Central Park South condominium units and ancillary amenities— — — (11,110)
Gain on sale of Canal Street residential condominium units— — — (10,337)
Other2,285 (6,661)6,082 (9,556)
4,351 (3,075)(2,330)(20,875)
Noncontrolling interests' share of above adjustments on a dilutive basis(341)238 185 1,632
Total of certain expense (income) items that impact FFO attributable to common shareholders plus assumed conversions, net$4,010 $(2,837)$(2,145)$(19,243)
Per diluted share (non-GAAP)$0.03 $(0.01)$(0.01)$(0.10)
FFO attributable to common shareholders plus assumed conversions, as adjusted (non-GAAP)$126,656 $114,535 $360,941 $354,239
Per diluted share (non-GAAP)$0.65 $0.57 $1.84 $1.76
(1)See page 11 for a reconciliation of net (loss) income attributable to common shareholders to FFO attributable to common shareholders plus assumed conversions (non-GAAP) for the three and nine months ended September 30, 2026 and 2025.
NYSE: VNO | WWW.VNO.COM
PAGE 2 OF 18
FFO, as Adjusted Bridge - Q3 2026 vs. Q3 2025
The following table bridges our FFO attributable to common shareholders plus assumed conversions, as adjusted (non-GAAP) for the three months ended September 30, 2025 to FFO attributable to common shareholders plus assumed conversions, as adjusted (non-GAAP) for the three months ended September 30, 2026:
(Amounts in millions, except per share amounts)FFO, as Adjusted
AmountPer Share
FFO attributable to common shareholders plus assumed conversions, as adjusted (non-GAAP) for the three months ended September 30, 2025$114.5 $0.57
Increase / (decrease) in FFO, as adjusted due to:
Rent commencements, net of lease expirations17.5
Lower inte
2026 Q2 Q2 2026 Earnings
8-K SELL Aug 3, 2026 · 100% conf.
Q2 2026 Earnings
8-K SELLAug 3, 2026 · 100% conf.
1D
-2.39%
$38.98
Act: +2.45%
5D
-4.09%
$38.30
Act: -2.60%
20D
-8.96%
$36.35
Transcript text not available. View on SEC.gov →
2026 Q1 Q1 2026 Earnings
8-K May 4, 2026
Q1 2026 Earnings
8-KMay 4, 2026
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The information presented on this page, "VNO Vornado Realty Trust - Stocks Price | History | Analysis", including historical data, forecasts, news, insider information, and predictions, is provided for educational purposes only. It should not be considered as financial advice or a recommendation to buy or sell any securities. Decisions regarding investments should be made only after careful consideration and consultation with a qualified financial advisor. We do not endorse or guarantee the accuracy or reliability of the information provided, and we disclaim any liability for financial losses incurred as a result of decisions made based on the information presented.